TotalEnergies SE·Energy

NEW YORK, April 10, 2026 (GLOBE NEWSWIRE) -- NetworkNewsWire Editorial Coverage: Escalating geopolitical tensions and renewed disruptions to key shipping corridors, particularly around the Strait of Hormuz, are once again highlighting a persistent vulnerability: global energy security remains fragile. Despite years of diversification efforts, both the United States and Europe continue to face exposure to supply disruptions capable of cascading through economies, industries and households.

TotalEnergies updates on SATORP refinery shutdown as shares gain. Explore TTE technical levels, analyst targets, and Middle East impact news.

The Saudi Aramco Total Refining and Petrochemical Co., or Satorp, is a joint venture between Aramco and TotalEnergies, which holds a 37.5% interest.

French oil major TotalEnergies said on Friday that one of the SATORP refinery's processing trains in Saudi Arabia had been damaged after incidents that took place during the night of Tuesday to Wednesday, which prompted it to shut down the units as a safety precaution.

PARIS--(BUSINESS WIRE)--The SATORP* site was affected by incidents that occurred during the night of April 7 to 8, causing damage to one of the refinery's two processing trains. No casualties were reported. As a safety precaution, the units were shut down. An assessment of the consequences for the refinery's operations is currently underway. TotalEnergies is continuing to monitor the evolution of the situation on the ground and will update you in case of material change. The impact of Middle Ea.

TTE joins Masdar in a $2.2 billion JV to unify onshore renewables in nine Asian countries, targeting 9 GW of solar, wind and storage.
TotalEnergies SE operates as an integrated oil and gas company worldwide. The company operates through four segments: Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services. The Integrated Gas, Renewables & Power segment engages in the liquefied natural gas production, shipping, trading, and regasification activities; trading of liquefied petroleum gas (LPG), petcoke and sulfur, natural gas, and electricity; transportation of natural gas; electricity production from natural gas, wind, solar, hydroelectric, and biogas sources; energy storage activities; and development and operation of biomethane production units, as well as provides energy efficiency services. The Exploration & Production segment is involved in the oil and natural gas exploration and production activities. The Refining & Chemicals segment engages in refining petrochemicals, including olefins and aromatics; and polymer derivatives, such as polyethylene, polypropylene, polystyrene, and hydrocarbon resins, as well as biomass conversion and elastomer processing. This segment is also involved in trading and shipping crude oil and petroleum products. The Marketing & Services segment produces and sells lubricants; supplies and markets petroleum products, including bulk fuel, aviation and marine fuel, special fluids, compressed natural gas, LPG, and bitumen; and provides fuel payment solutions. It operates approximately 16,000 service stations and 25,000 EV charge points. As of December 31, 2021, the company had 12,062 Mboe of combined proved reserves of oil and gas. TotalEnergies SE has strategic partnerships with PureCycle Technologies, Plastic Energy, Freepoint Eco-Systems, and Plastic Omnium for various development projects. The company was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. TotalEnergies SE was incorporated in 1924 and is headquartered in Courbevoie, France.
Energy
Oil & Gas Integrated
95,393
1991-10-25
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